\hline \hline
                    &\multicolumn{4}{c}{Welfare Survey Wave}                                                \\\cmidrule(lr){2-5}
                    &\multicolumn{1}{c}{Stacked}&\multicolumn{1}{c}{Mar '21}&\multicolumn{1}{c}{Sep '21}&\multicolumn{1}{c}{Mar '22}\\
& (1) & (2) & (3) & (4) \\
\hline \\ \multicolumn{4}{l}{\textit{Panel A: Win in administrative data}} \\\\[-2.5ex]
Win In Batch        &       0.599\sym{***}&       0.748\sym{***}&       0.605\sym{***}&       0.544\sym{***}\\
                    &     (0.004)         &     (0.006)         &     (0.010)         &     (0.004)         \\
\\
Observations        &     118,226         &      27,946         &      14,135         &      76,145         \\
Mean (Control)      &       0.375         &       0.126         &       0.296         &       0.365         \\
\hline \\ \multicolumn{4}{l}{\textit{Panel B: Report selected in survey data}} \\\\[-2.5ex]
Ever Win            &       0.143\sym{***}&       0.116\sym{***}&       0.086\sym{***}&       0.168\sym{***}\\
                    &     (0.005)         &     (0.009)         &     (0.016)         &     (0.006)         \\
\\
Observations        &     118,226         &      27,946         &      14,135         &      76,145         \\
Mean (Control)      &       0.074         &       0.061         &       0.083         &       0.012         \\
Batches & 2-14, 16-22 & 2-11 & 2-14, 16-18 & 2-14, 16-22 \\
\hline
